Product Life Cycle Activity Diagram
2024-09-09 10:13:08 1 Report
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This Product Life Cycle Activity Diagram illustrates the essential stages involved in developing a product from inception to market readiness. It begins with creating a Product Requirements Document and progresses through project approval and feasibility studies, including technical, social, and economic assessments. The diagram highlights key activities such as requirements analysis, technical design, and prototype development. It also emphasizes the importance of refining demands and understanding market positioning through documents like the Business Requirements Document and Market Demand Document. This comprehensive flowchart serves as a guide to ensure a product's successful journey from concept to commercialization.
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Outline/Content
Product Requirements Document
Develop
Project approval
Feasibility Study
requirements analysis
Demonstrate feasibility
Technical feasibility
test
Refine and improve the demand
Draw a prototype
Social Feasibility
Business Requirements Document
Market demand document
Product prototype
Product positioning
Economic feasibility
Technical design
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